The European Parliament approves ending purchases of Russian gas by autumn 2027.

Members of the European Parliament approved a resolution on Wednesday that bans all imports of Russian gas by the end of 2027, as the European Union seeks to cut off funding sources for Russia’s war on Ukraine. An overwhelming majority of MEPs voted in favor of the ban during a plenary session in Strasbourg, thereby […]
Global economic losses from natural disasters fall to $220 billion in 2025.

Global economic losses from natural disasters fell by about one-third in 2025 to $220 billion, despite wildfires in Los Angeles and storms in the United States that caused significant damage, according to preliminary estimates. Insurance costs incurred by companies rose to $107 billion, representing a 24.1% decrease year-on-year. This is a result of a North […]
Continued rise: Dollar, euro, pound, and gold prices at the close of the parallel market on December 17, 2025

The US dollar recorded a continued rise at the close of the parallel market’s trading on Wednesday, December 17, 2025, with a slight decline from its highest level against the Libyan dinar. It closed in Tripoli at 8.51 dinars and rose in trading rooms to 8.52 dinars. In Zliten, the closing price reached 8.53 dinars, […]